Xrp-btc
BTC Move Down?A break of $30,000 may indicate we are on trajectory back to retest the previous ATH.
Movement above $42,000 would give an opportunity to potentially see the $50-$60,000 range before a major retracement.
All eyes on Bitcoin.
Expect altcoins to also suffer if/when BTC breaks down, but then expect a major rally in altcoins once that bottom is reached and BTC restarts its rise.
Buying opportunity once we see a ~50% price correction in BTC.
Jan 17-21st seem to be the dates that my timing analyses keep coming back to over a variety of charts.
Personally, I think Jan 19th will be a telling day as XRP hits a low for trading availability on the trading platforms.
I’m looking forward to seeing what plays out in that 5-day span.
RIPPLE giving us another opportunityHello everyone, if you like the idea, do not forget to support with a like and follow.
The bulls took control again on RIPPLE and pushed upward the entire week.
Will we have another bullish week for RIPPLE? or it is time for a deep retest before the bullish trend resumes?
RIPPLE formed an objective/valid symmetrical triangle in red, so let's see if we will get another impulse now.
Our trigger for the buy is after a momentum candle close above the last swing high, (0.33 for extra confirmation)
and if the last swing low is broken down with a momentum candle then we can expect a retest till around our lower green zone.
in this case, as you can see, we will be looking for new buy setups to form.
Good luck!
XTZ about to break up 3.00 -> 3.20price is moving up with support and broke resistance at 2.64. Price is now testing as support.
if blue line on MACD makes a move up and crosses the orange moving avg, while RSI is above 50 this is very bullish.
I expect a break upwards today after BTC has settled from its move to 39300.
RIPPLE and BITCOIN - the perfect combination!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XRP/ BTC is still sitting around its All-Time-Low so the most probable movement from here is up.
Moreover, the downtrend is showing signs of weakness by not being able to make bearish impulse movements like before. as you clearly see, the impulse moves are getting flatter and smaller in size. while the corrective movements are getting steeper and bigger in size.
That's why we are looking for buy setups.
XRP/BTC is forming a trendline in orange but it is not valid yet, so we are waiting for a third swing to form around the trendline to consider it valid and then buy on its break upward.
Until the buy is activated, this one would be overall bearish and a downward movement is still expected.
Good luck
~Rich
Time to Pivot from BTC to XRP?Things are looking extreme on the conversion right now.
140,000 XRP for 1 BTC, and maybe this increases, but history has shown 98% crashes once hitting these levels.
Tether could get into hot water and bring BTC down along for the ride while the XRP SEC lawsuit is cleared up.
This will be an interesting chart to look at 1 year from now...
Today I make a controversial choice of buying MORE XRP.Yes, it is true that I am buying XRP.
I have many reasons for this but primarily because the market structure reminds me of Bitcoin when it was at 4K.
I think we will see a quick recovery.. all this fud will be worked out.
Plus XRP will rocketship well past 1$!
WHALES KNOW.
Stay profitable.
Cryptocap Bitcoin Based Divergence?Are we at the beginning of a divergence of the total Cryptocap based on Bitcoin rotation?
We have just challenged the ATH of the Total Cryptocap Space.
This is based on BTC hitting a potential asymptote.
Does BTC experience a prolonged sell-off into cash and the Alt-Coin market from this point on?
I am guessing yes.
Expect Alt-Coins to gather steam.
XRP may seem to be left behind during this current BTC pull back.
Expect XRP to catch up once BTC finishes its retracement back to previous ATH level and begins its accent again.
XRP Still Bullish: Great Buy OpportunityWe've all seen the massive drop of XRP two days ago. A potential investigation stirred the market after hyperbolic growth a few weeks earlier, leading to investors selling their XRP coins en masse.
XRP didn't fall all the way, though. The daily candles closed right at the lower support line of the channel, signaling a new way upward.
With Bitcoin showing signs of a potential new bull run, XRP will most likely follow suit. After such a massive sell-off, this is the perfect opportunity to buy.
On the chart I marked two channels, with Resistance 1 and Resistance 2 marking their respective upper trend lines. Trade with caution around those trend lines since I expect a lot of selling pressure there.
GRT when to buy. Very clean AB CD pattern potential. Fib shows possible 1.18 price by end of the week. This would be a full completion of this patter. GRT has been moving independently of BTC and this could possibly continue. But it is also possible that it will drop if BTC begins to correct.
trading volume is very good which will make GRT very appealing to traders that want to convert out of BTC to something that is not moving sideways.
happy trading.
A sad state of affairsAfter 8 years in the FinTech business, over 300 customers including banks and payment institutions, and years of personal engagement with regulations legislators, Ripple is being sued. The Securities and Exchange Commission (SEC) has decided to file a lawsuit against Ripple for "Selling an unregistered security"... They filed four days before Christmas 2020. Something is REALLY fishy. All I can think is that this is a spiteful last hack at the crypto space to drive prices lower for institutional investment.
XAU is forming a flag? My favorite pattern!Hi there thank you for the viewership. This idea considers possible paths of gold. Either way we're probably going up eventually! Currency reset is imminent! It's a fight for currency market share, and there are some new players, yes, the private sector has entered the ring with the newest asset class, digital assets. "What's in it for gold?!", say you. Ah! I say, the same is in food and water that is in gold. The same is in material and appliances that is in silver. The same is in alcohol and drugs that is in anything TANGIBLE. Anything that bears palpable value and use. For now, we might hold paper debt notes on in our pockets, or account for a balance on a computer screen that also represents federal debt. We might even trust our government SO much - they do mail us the check in the end - that we would receive and hold that debt all while tracking all personal information and every last transaction processed by their very own Central Bank Digital Currency (CBDC). I will leave you with this fun fact: the banks will adopt or they will fail permanently.